What is an EWMA (Exponentially Weighted Moving Average) Chart?
Answer(s): A
An Exponentially Weighted Moving Average Chart is a control chart which monitors any business's entire history of output. It uses variables or attributes - type data.
The chart is used for rearrangement of time, when any change is detected in a process.
Answer(s): D
CUSUM Chart is used to detect changes in any process. This chart is generally used for identifying the change and rearrangement of time to fulfill the requirement of production.
What is the method of ACCEPTANCE SAMPLING used for?
Answer(s): B
ACCEPTANCE SAMPLING method is used at inspection of products to identify the good and bad items within the lots and also accepting and rejecting the products.
What is an OC Curve in sampling process?
An OC Curve is a diagram which shows the probability of acceptance of a lot in sampling process.
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